In news- The Ministry of Statistics and Programme Implementation recently released the Annual Survey of Industries (ASI) report.
Highlights of the report-
- The ASI data relates to factories employing 10 or more workers using power and those employing 20 or more workers without using power.
- Factories in the country increased by 1.7 percent year-on-year to 2.46 lakh in 2019-20, employing a total of 1.3 crore workers.
- The employment in the corporate sector, which includes public and private government and non-government companies, increased 5.5 percent, while that in individual proprietorship declined 3.1 percent.
- Employment in the partnership sector fell by 11.7 per cent.
- Urban areas had 1.43 lakh factories with fixed capital of Rs 13.64 lakh crore, employing 72.79 lakh workers, while the rural sector had 1.03 lakh factories with fixed capital of Rs 22.71 lakh employing 57.78 lakh workers.
- Fixed capital represents the depreciated value of fixed assets owned by the factory as on the closing day of the accounting year and includes land including lease- hold land, buildings, plant & machinery, furniture and fixtures, transport equipment, water system and roadways, hospitals, schools, etc. used for factory workers.
- Among states, Tamil Nadu showed the highest number of employment of workers in factories, followed by Maharashtra and Gujarat.